SquareOne is a Philadelphia-based independent enterprise which was formed to create a progressive solution to address the critical issue of used oil disposal and processing in the U.S. The Company recognizes that the existing used oil re-refining industry needs an innovative approach to a) broaden the waste streams that are recycled and b) advance the products which are created from these discarded materials. According to government studies, as much as one-third of used oil is either burned or illegally disposed, causing significant environmental harm to the ground and waterways. As such, significant energy potential from these previously refined hydrocarbons is wasted. As the country aggressively pursues steps towards energy transition to a cleaner future, so must the used oil re-refining space, which SquareOne is addressing through its advanced recycling process and move beyond existing, less complex technologies in the industry.
